GE Digital Layoffs

GE Digital company profile

Messages relating to layoffs at
GE Digital
are presented below the company info.

Company information:

Industry/Area of Activity:

Internet & Computer Services

Industry Code:

9533

About GE Digital:

GE Digital is a subsidiary of General Electric. GE Digital connects streams of data to analytics tools and people. The company is providing industrial companies with insights on how to manage assets and operations more efficiently. GE Digital is using Predix, a cloud-based operating system to deliver solutions to customers.

Jim's speech at DTH disclaimer: The speech today was by professional actors. Why some of the discussion was based on fact, most was wishful thinking. GE does not claim to have been first to create some of the concepts or does not guarantee any...
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Digital would most likely be spun off to Microsoft who wants to enter the IIOT space. A partnership with GED would allow them to stay engaged with the industrial assets. Plus - Predix does not require GE devices - so makes even more sense.

/ GE Is Laying Off 12,000 People From Its Power Business General Electric plans to lay off 12,000 people from its GE Power business unit as part of a broad effort to cut $3.5 billion in costs by...
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Listen to the replay again when Khozema talks about $200m in cost out to get 2018 op plan down to around $1b. Then he mentions additional cost challenges from corporate to be determined and mentioned another $200m in cost out as a possible outcome...
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Bill Ruh sounds drunk -- keeps saying things are "uncertain" and how hard that is for everyone. That's not the issue--the issue is that the leaders have looted the company and made poor decisions so we now need to be laid off. Bill Ruh should go...
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So much blame to go around. The endless ITLP and leadership programs that created ill experienced, arrogant mini monsters. The C level leadership who made disastrous investments and decisions. HR and people managers treating employees like garbage...
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I am going to echo what some others have already said. Predix has destroyed all that is good in GE Digital. Over the past year or two the phrase "death spiral" has come up in conversation more and more. And last week many teams, which had profitable...
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The real change and cost savings should start from the top, not the bottom! Stop blaming the little guys.... they were just executing on failed and frequently changed strategy. Bringing "big shots" from google, msft, apple, oracle, etc. and paying...
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Posters seem to be blaming everybody and guessing when and where layoffs will come. It seems to me just meaningless exercise. Here is what i have found out that may be interesting but realize we can't have any input into what is happening so it is...
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This is why fiolettsk.rus will never end. "Unfortunately for GE, that industrial conglomerate model has fallen sharply out of favor on Wall Street. And the rise of activist investors like Nelson Peltz has encouraged companies to try to boost their...
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GE is laying off sales staff and other employees in its software division, according to people familiar with the matter, ahead of new Chief Executive John Flannery’s expected announcement on Monday of a plan to slash costs and jettison units in an...
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If you are one of the ones who were given 60 days notice do you still get severance? That just seems cruel to expect these guys to work for two months and then give them nothing. When will they have time to find a job? Or are you on the books but not...
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GE started on Predix development too late and is charging its internal verticals too much, generating resentment towards the product and brand. Strategy error to go with roll-your-own IoT platform instead of sourcing from an actual IaaS/PaaS provider...
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All presales in Americas laid off at GE Digital. They are opening a small # of positions using the well known "eliminate all roles, force you to reapply, so we can claim no favoritism" RIF technique but looks like it will shrink considerably...
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GE Digital's Ruh has announced that role elimination start this week. They have been telling us for quite awhile that it is coming. Doesn't make it any easier. If your area is effected please post. I wish everyone the best.

There are several scrum teams who have been sitting for the past 3 quarters waiting for a Product Strategy or roadmap to be in place. Many of the good engineers got so bored that they either quit or moved to other groups. This is in the Apps...
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